trade protection - Meaning in Punjabi
trade protection - Meaning in Punjabi
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Definitions and Meaning of trade protection in English
trade protection noun
- the imposition of duties or quotas on imports in order to protect domestic industry against foreign competition
Synonyms
protection, protection
Example
- "he made trade protection a plank in the party platform"
Description
Protectionism, sometimes referred to as trade protectionism, is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations. Proponents argue that protectionist policies shield the producers, businesses, and workers of the import-competing sector in the country from foreign competitors and raise government revenue. Opponents argue that protectionist policies reduce trade, and adversely affect consumers in general as well as the producers and workers in export sectors, both in the country implementing protectionist policies and in the countries against which the protections are implemented.
Also see "Protectionism" on WikipediaAlso See
What is another word for trade ?
What is another word for protection ?
Sentences with the word protection
What is trade protection meaning in Punjabi?
The word or phrase trade protection refers to the imposition of duties or quotas on imports in order to protect domestic industry against foreign competition. See trade protection meaning in Punjabi, trade protection definition, translation and meaning of trade protection in Punjabi. Find trade protection similar words, trade protection synonyms. Learn and practice the pronunciation of trade protection. Find the answer of what is the meaning of trade protection in Punjabi.
Other languages: trade protection meaning in Hindi
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What is trade protection meaning in Punjabi, trade protection translation in Punjabi, trade protection definition, pronunciations and examples of trade protection in Punjabi.
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